Fenner™ Precision Polymers Acquires Industry-Leading Maker of Keyless Locking Devices, MAV S.p.A.

Fenner™ Precision Polymers, a Michelin Group Company and world leader in reinforced polymer technology, announces the acquisition of MAV S.p.A., a leading European supplier of keyless-locking devices (KLD), shrink discs, rigid couplings, and other metal products. Strong potential growth, market share gains and an opportunity to leverage the many advantages associated with a global supply chain are among reasons cited for the acquisition. No employee redundancies or loss of roles are anticipated because of this agreement. www.fennerdrives.com/mav